Drax Group Director Exercises Sharesave Options
Why we think this is neutral
This RNS announcement is a routine notification of a director exercising their Sharesave options, which is a standard corporate event and does not provide any significant new information about the company's performance or outlook.
Key Points
- Chief Commercial Officer Paul Sheffield exercised Sharesave options to acquire 23,603 shares
- Options were granted in 2020 and matured on 1 June 2025
Summary
The Chief Commercial Officer of the renewable energy company has exercised options under the Drax Group Sharesave Plan.
Drax Group plc (DRX) has announced that Paul Sheffield, the Chief Commercial Officer, has exercised his options to acquire 23,603 ordinary shares at a price of 127.1 pence per share following the maturity of the 2020 five-year Sharesave Plan. This is a routine notification of a director's shareholding transaction.
DIRECTOR DEALINGS